Fintech Startup Apex Clearing Will Launch A Custodial Service For Cryptocurrencies
Apex Clearing, a company specializing in financial technologies, is preparing to launch a crypto-custodial service.
Users of the new solution called Apex Crypto will be able to open cryptocurrency accounts for the purchase and sale of tokens. The service will be available in most US states.
At first, Apex Crypto will support bitcoin, ether, Bitcoin Cash and Litecoin. In the future, the company may expand the list of supported assets.
Initially, the launch of the service had been scheduled for the IV quarter of 2018, but later the launch was postponed to February 2019.
It should be noted that recently, services for safe storage of assets aimed at large investors have been opened more often. For example, at the end of last year, a cryptocurrency startup BitGo received a license of a qualified custodian. In October 2018 a similar resolution was received by the leading American bitcoin exchange Coinbase.
Also, according to some information, in March the investment giant Fidelity Investments plans to launch a crypto-custodial service as well.